Saturday, January 15, 2011

BELIZE - PROCESSING FRUIT FACTORY DIVERSIFYING LINES

THE PROCESSING FACTORY IS DIVESIFYING PRODUCT LINES

It is a misnomer to call the fruit processing factory as the citrus factory. They are now producing many other fruits other than citrus. Citrus is still the mainstay, but is declining through diseases in the trees.

While the Citrus Growers minority Association own 51% of the shares in this factory and continue under the CGA leadership, to try and wrest control of the monies and policies of the processing factory. It might clear the air, if the factory shares and debts held by the old shrinking CGA where transferred to other segments of the juice industry. Pineapple producers should be able to get a share holding stake in this factory for example.

You can buy mango juices in cartons, and pineapple juices and mamy apple and other stuff nowadays. This factory needs more product of all kinds, both ground type fruits like pineapple as well as mangos, or papaya, or banana. Planters should be diversifying away from citrus. That is no longer the game plan. The old CGA itself need to be discarded from majority investment in the corporation. They are old colonialist type mentality and they are not allowing the fruit juice business with foreign markets to expand product lines with their wild talking leadership.

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